Financial and Other Reporting Sample Clauses
The 'Financial and Other Reporting' clause requires a party to provide regular financial statements and other relevant reports to another party, typically to ensure transparency and accountability. This may include delivering audited annual financial statements, interim financial updates, or compliance certificates within specified timeframes. By mandating the sharing of such information, the clause enables the recipient to monitor the financial health and ongoing compliance of the reporting party, thereby reducing risk and supporting informed decision-making.
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Financial and Other Reporting. Keep adequate records and books of account with respect to its business activities in which entries are made in a manner so as to permit preparation of financial statements in accordance with GAAP reflecting all its financial transactions required to be recorded by GAAP; and cause to be prepared and to be furnished to Administrative Agent, which Administrative Agent will deliver to Lenders pursuant to Section 12.1.5 hereof, the following (all financial statements to be prepared in accordance with GAAP):
(i) within 100 days after the close of each Fiscal Year, audited balance sheets of Parent and its Subsidiaries as of the end of such Fiscal Year and the related statements of profit and loss and cash flow, on a Consolidated basis, together with an unqualified auditors report thereon (it being understood that a matter of emphasis paragraph does not constitute a qualification) in accordance with Applicable Law by a firm of independent certified public accountants of recognized national standing selected by Parent (except for a qualification for a change in accounting principles with which the accountant concurs), and setting forth in each case in comparative form the corresponding Consolidated figures for the preceding Fiscal Year, and together with such annual financial statements, schedules of consolidating financial information used to prepare such annual balance sheets and related statements of profit and loss and, if any Unrestricted Subsidiaries are in existence at such time, an unaudited schedule prepared by Borrowers to reconcile such financial statements to the consolidated financial statements of Parent and its Restricted Subsidiaries;
(ii) within 45 days after the end of the first three Fiscal Quarters of each Fiscal Year, unaudited balance sheets of Parent and its Restricted Subsidiaries as of the end of such Fiscal Quarter and the related unaudited statements of profit and loss and cash flow, on a Consolidated basis, for such Fiscal Quarter and for the portion of the Fiscal Year then elapsed setting forth in each case in comparative form, the corresponding figures for the preceding Fiscal Year and certified by a Senior Officer of Parent as prepared in accordance with GAAP and giving a true and fair view in all material respects of the Consolidated net assets and profits and losses of Parent and its Restricted Subsidiaries for such Fiscal Quarter and period subject only to changes from audit and year-end adjustments and except that such statements...
Financial and Other Reporting. Each SPV Entity will maintain a system of accounting established and administered in accordance with GAAP, and each SPV Entity (or any Servicer on its behalf) shall furnish to the Administrative Agent and each Group Agent:
Financial and Other Reporting. 13.1.1 The Borrower shall, as soon as practicable and in any event within 60 days of the end of each of its first three fiscal quarters, cause to be prepared and delivered to the Agent, its unaudited consolidated financial statements as at the end of such quarter, in each case including, without limitation, balance sheet, statement of income and retained earnings, statement of changes in financial position and management’s discussion and analysis.
13.1.2 The Borrower shall, as soon as practicable and in any event within 120 days after the end of each of its fiscal years, prepare and deliver to the Agent its consolidated annual financial statements, including, without limitation, balance sheet, statement of income and retained earnings, statement of changes in financial position for such fiscal year and management’s discussion and analysis, together with the notes thereto, which shall be audited by a nationally recognized accounting firm.
13.1.3 The Borrower shall, concurrently with the delivery of the quarterly and annual financial statements referred to in subsections 13.1.1 and 13.1.2, provide the Agent with a Compliance Certificate.
13.1.4 The Borrower shall, concurrently with the delivery of the quarterly and annual financial statements referred to in subsections 13.1.1 and 13.1.2, provide the Agent with a report setting forth each Derivative Instrument to which it or any other Obligor is a party, together with the counterparty thereto and the Obligor Hedging Exposure thereunder.
13.1.5 The Borrower shall, concurrently with the delivery of the quarterly and annual financial statements referred to in subsections 13.1.1 and 13.1.2, provide the Agent with an operating report on the mines owned and controlled by it and its Subsidiaries (being the “Chief Operating Officer’s Quarterly Report to the Board of Directors”) in reasonable detail as required by the Lenders.
13.1.6 The Borrower shall, concurrently with the delivery of the annual financial statements referred to in subsection 13.1.2, provide the Agent with a copy of its mineral reserve statements in reasonable detail.
13.1.7 The Borrower shall, as soon as practicable and in any event within 270 days after the end of each of its fiscal years, provide the Agent with copies of its annual life of mine plans in reasonable detail.
13.1.8 The Borrower shall, promptly upon the filing, publishing, delivery or reporting by or on behalf of the Borrower or any other Obligor of any release, report, statement (inc...
Financial and Other Reporting. It will deliver to the Administrative Agent:
(a) within 120 days after the end of each Financial Year, a copy of the annual audited consolidated financial statements of the Borrower prepared in accordance with IFRS;
(b) within 60 days after the end of the first three Financial Quarters of the Financial Year, a copy of the unaudited consolidated financial statements of the Borrower prepared in accordance with IFRS, certified by a Senior Officer of the Borrower; and
(c) with each of the financial statements in (a) and (b) above, a Compliance Certificate signed by a Senior Officer of the Borrower. In addition, in the event that any financial statement or other information delivered hereunder indicates that a subsidiary of the Borrower has become a Material Subsidiary, the Borrower shall expressly draw same to the attention of the Administrative Agent and, within 20 Business Days following delivery of such financial statement or other information, the Borrower shall deliver to the Administrative Agent the documents referred to in section 6.1(2) and (5) relating to such subsidiary.
Financial and Other Reporting. The Borrower will maintain, for itself and each Subsidiary, a system of accounting established and administered in accordance with generally accepted accounting principles, and furnish to the Agent:
(i) Within 90 days after the close of each of its fiscal years, an unqualified (except for qualifications relating to changes in accounting principles or practices reflecting changes in generally accepted accounting principles and required or approved by the Borrower's independent certified public accountants) audit report (or its 10-K) certified by independent certified public accountants acceptable to the Lenders, prepared in accordance with Agreement Accounting Principles on a consolidated for itself and its Subsidiaries, including balance sheets as of the end of such period, related profit and loss and reconciliation of surplus statements, and a statement of cash flows, accompanied by (a) any management letter prepared by said accountants, and (b) a certificate of said accountants that, in the course of their examination necessary for their certification of the foregoing, they have obtained no knowledge of any Default or Unmatured Default, or if, in the opinion of such accountants, any Default or Unmatured Default shall exist, stating the nature and status thereof.
(ii) Within 45 days after the close of the first three quarterly periods of each of its fiscal years, for itself and its Subsidiaries, consolidated unaudited balance sheets (or its 10-Q) as at the close of each such period and consolidated profit and loss and reconciliation of surplus statements and a statement of cash flows for the period from the beginning of such fiscal year to the end of such quarter, all certified by its chief financial officer, or its 10-Q's.
(iii) Together with the financial statements required under Sections 6.1(i) and (ii), a compliance certificate in substantially the form of Exhibit B signed by its chief financial officer showing the calculations necessary to determine compliance with this Agreement and stating that no Default or Unmatured Default exists, or if any Default or Unmatured Default exists, stating the nature and status thereof.
(iv) If applicable, within 270 days after the close of each Plan year, a statement of the Unfunded Liabilities of each Single Employer Plan, certified as correct by an actuary enrolled under ERISA.
(v) As soon as possible and in any event within 10 days after the Borrower knows that any Reportable Event has occurred with respect to a...
Financial and Other Reporting. (a) Borrower shall keep and maintain or shall cause to be kept and maintained, on a Fiscal Year basis, in accordance with sound accounting principles consistently applied, books, records and accounts reflecting in reasonable detail all of the financial affairs of Borrower and all items of income and expense in connection with the operation of the Property.
(b) Borrower shall furnish to Lender (i) annually within ninety (90) days following the end of each Fiscal Year, and (ii) (A) within three (3) Business Days following request by Lender (provided, that Borrower shall not be required to provide such statements more than once each calendar month) prior to the occurrence of a Secondary Market Transaction, and (B) within twenty (20) days following the end of each calendar quarter after the occurrence of a Secondary Market Transaction, a true, complete, correct and accurate copy of Borrower’s unaudited financial statement for such period, including a statement of operations (profit and loss), a statement of cash flows, a calculation of net operating income, a balance sheet, an aged accounts receivable report and such other information or reports as shall be requested by Lender.
(c) Borrower shall furnish to Lender, within twenty (20) days following the end of (i) each calendar month prior to the occurrence of a Secondary Market Transaction, and (ii) each calendar quarter after the occurrence of a Secondary Market Transaction, a true, complete, correct and accurate rent roll and occupancy report for such period and such other occupancy and rate statistics as Lender shall request in Lender’s discretion.
(d) Borrower shall give prompt written notice to Lender of any litigation or governmental proceedings pending or threatened involving Borrower which is reasonably likely to have a Material Adverse Effect.
(e) Borrower shall furnish to Lender, within ten (10) Business Days after request, such further information with respect to Borrower and the operation of the Property as may be requested by Lender including all business plans prepared for Borrower and for the operation of the Property. All financial statements and other documents to be delivered pursuant to this Agreement shall (A) be in form and substance acceptable to Lender in Lender’s reasonable discretion, (B) be prepared in accordance with sound accounting principles consistently applied, and (C) be certified by Borrower as being true, correct, complete and accurate in all material respects and fairly refl...
Financial and Other Reporting. 26.1 The quarterly updates of the Business Plan which the OCOG is required to provide pursuant to section 4.4 of this Agreement will contain a financial statement that includes operating expenses statements, revenue state- ments, cash flow statements and balance sheets for the OCOG’s activities for that quarter.
26.2 The OCOG will provide the Parties with audited financial statements of the OCOG for each fiscal year of the OCOG, within 90 days of the fiscal year end. Final audited financial statements will be provided to the Parties within 180 days of the end of the Games.
26.3 In addition to any other information that the OCOG is required to provide to another Party under this Agreement, the OCOG will provide information to a Party that the Party requests, at the Party’s cost and within a reasonable time following the request.
26.4 In addition to the information provided by the OCOG pursuant to section 26.3, the requesting Party may also examine the books and records of the OCOG, and make copies thereof at the requesting Party’s expense, upon providing reasonable notice to the OCOG.
Financial and Other Reporting. The Borrower will deliver to the Lender:
Financial and Other Reporting. (a) Borrower shall keep and maintain or shall cause to be kept and maintained, on a Fiscal Year basis, in accordance with Approved Accounting Principles, books, records and accounts reflecting in reasonable detail all of the financial affairs of Borrower and all items of income and expense in connection with the operation of the Property.
Financial and Other Reporting. The Borrower will deliver to the Administrative Agent the following:
(a) no later than 60 days after the end of each of the first three Financial Quarters, financial statements for that Financial Quarter on an unaudited basis;
(b) no later than 120 days after the end of each Financial Year, financial statements for that Financial Year on an audited basis;
(c) with each of the financial statements in (a) and (b) above, a Compliance Certificate signed by a Senior Financial Officer; and
(d) such other information as the Administrative Agent shall from time to time reasonably request.